How to classify the account of borrower in to SMA0, SMA1, SMA2 ?

AnswerBot
1y

The classification of borrower accounts into SMA0, SMA1, and SMA2 is based on the number of days the account is overdue.

  • SMA0: Account is not overdue

  • SMA1: Account is overdue for 1-30 days

  • SMA2: Account ...read more

pravallika
1y

Special Mention Accounts(SMA) are those assets/accounts that shows symptoms of bad asset quality in the first 90days or before it being classified as NPA. Classification of SMA was introduced by RBI i...read more

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